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> Question 10 Trimeton Corporation announced that in the year ended June 30, 2019; its earnings before taxes amounted to $236,000. Calculate its taxes using
> Question 10 Trimeton Corporation announced that in the year ended June 30, 2019; its earnings before taxes amounted to $236,000. Calculate its taxes using the following table. Exhibit 11.6 U.S. Corporate Tax Rate Schedule Taxable Income More Than But Not More Than Pay this amount on the base of the bracket $0 $50,000 $75,000 $100,000 $335,000 $10,000,000 $15,000,000 $18,333,333 $75,290 $90,207 $80,240 $75,675 1 pts Tax Owed $50,000 $75,000 $100,000 $335,000 15% of amount beyond $0 $7,500 +25% of amount beyond $50,000 $13,750 +34% of amount beyond $75,000 $22,250 +39% of amount beyond $100,000 $113,900 +34% of amount beyond $335,000 $15,000,000 $3,400,000 + 35% of amount beyond $10,000,000 $18,333,333 $5,150,000 +38% of amount beyond $15,000,000 $10,000,000 35% on all income
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